14, PENNEY LANE, WARWICK, CV34 6JG - £218,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 PENNEY LANE is a small detached house of 101m², built sometime from 2007 onwards. It was last sold for £218,000 in August 2009, which was around 33% below the average August 2009 detached price in the Warwick local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was B.

14 PENNEY LANE Sold Prices

Land registry data shows three sales for 14 PENNEY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the three 14 PENNEY LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 26 AUG	£218,000	£326,330	33% below HPI
2008 12 SEP	£215,000	£344,115	38% below HPI
2007 17 AUG	£249,995	£360,021	31% below HPI

14 PENNEY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The three 14 PENNEY LANE sales between August 2007 and August 2009 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2008 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2009 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 14 PENNEY LANE?

14 PENNEY LANE is 101m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% of detached houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses by size in Warwick, and where 14 PENNEY LANE lies on this distribution: 27% of detached houses are smaller than 14 PENNEY LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Warwick.

14 PENNEY LANE: Plot and Title Map

14 PENNEY LANE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 14 PENNEY LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 14 PENNEY LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 14 PENNEY LANE?

14 PENNEY LANE is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 14 on PENNEY LANE.